Mountain-Plains Information Office

News Release Information

12-971-KAN

Tuesday, May 15, 2012

Contacts

Technical information:
Media contact:
  • (816) 285-7000

Consumer Price Index, West Region – April 2012

Area prices were up 0.2 percent over the past month, up 2.1 percent from a year ago


Prices in the West Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), increased 0.2 percent in April, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Stanley W. Suchman noted that the April advance was influenced by higher prices for shelter, new and used vehicles, and apparel. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes may reflect seasonal influences.)

Over the last 12 months, the CPI-U rose 2.1 percent. Over-the-year increases have slowed for seven consecutive months since a 3.5-percent increase was recorded in September 2011. (See chart 1.) Energy prices advanced 1.6 percent, largely the result of an increase in the price of gasoline. The index for all items less food and energy advanced 2.0 percent since April 2011.

Chart 1. Over-the-year percent change in CPI-U, West Region, April 2009-April 2012

Food

Food prices crept up 0.2 percent for the month of April. (See table 1.) Prices for food at home were unchanged, while prices for food away from home rose 0.4 percent for the same period.

Over the year, food prices increased 2.5 percent. Prices for food at home advanced 1.9 percent since a year ago, and prices for food away from home increased 3.2 percent.

Energy

The energy index edged down 0.2 percent over the month. The decrease was mainly due to lower prices for natural gas service (-1.5 percent). Prices for electricity inched up 0.2 percent, while prices for gasoline were virtually unchanged in April.

Energy prices advanced 1.6 percent over the year, largely due to higher prices for gasoline (3.4 percent). Prices paid for electricity advanced 0.3 percent, but prices for natural gas service decreased 8.5 percent during the past year.

All items less food and energy

The index for all items less food and energy advanced 0.3 percent in April. Higher prices for categories such as used cars and trucks (1.7 percent), apparel (1.2 percent), and shelter (0.2 percent) were partially offset by lower prices for alcoholic beverages (-0.3 percent) and medical care commodities (-0.2 percent).

Over the year, the index for all items less food and energy advanced 2.0 percent. Components contributing to the increase included apparel (4.4 percent), medical care (2.9 percent), and shelter (2.3 percent).


Table A. West Urban CPI-U monthly and annual percent changes (not seasonally adjusted)
Month 2007 2008 2009 2010 2011 2012
Monthly Annual Monthly Annual Monthly Annual Monthly Annual Monthly Annual Monthly Annual

January

0.8 3.0 0.5 3.8 0.6 0.1 0.3 1.9 0.5 1.4 0.4 2.6

February

0.6 3.1 0.3 3.5 0.5 0.3 0.1 1.4 0.6 1.9 0.4 2.5

March

0.9 3.4 1.0 3.7 0.1 -0.5 0.3 1.6 0.9 2.6 0.9 2.4

April

0.6 3.3 0.4 3.5 0.3 -0.7 0.2 1.5 0.6 3.0 0.2 2.1

May

0.5 3.0 0.7 3.7 0.3 -1.1 0.1 1.3 0.3 3.2

June

-0.2 3.0 0.9 4.9 0.6 -1.4 -0.1 0.6 -0.2 3.1

July

-0.1 2.8 0.4 5.3 -0.2 -2.0 0.1 0.8 -0.1 2.9

August

-0.1 2.4 -0.5 4.9 0.2 -1.3 0.1 0.7 0.2 3.0

September

0.2 2.5 -0.3 4.3 0.2 -0.8 -0.1 0.5 0.4 3.5

October

0.5 3.3 -0.5 3.3 0.1 -0.3 0.1 0.6 0.0 3.4

November

0.5 4.2 -1.8 1.0 -0.3 1.2 0.0 0.9 -0.2 3.2

December

-0.1 4.1 -1.1 0.0 -0.2 2.2 0.2 1.3 -0.3 2.7

CPI-W

In April, the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) was 227.686, up 0.2 percent from March. The CPI-W increased 2.0 percent over the year.

____________

The May 2012 Consumer Price Index for the West Region is scheduled to be released on June 14, 2012.


Technical Note

The Consumer Price Index (CPI) is a measure of the average change in prices over time in a fixed market basket of goods and services. The Bureau of Labor Statistics publishes CPIs for two population groups: (1) a CPI for All Urban Consumers (CPI-U) which covers approximately 88 percent of the total population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers approximately 29 percent of the total population. The CPI-U includes, in addition to wage earners and clerical workers, groups such as professional, managerial, and technical workers, the self-employed, short-term workers, the unemployed, and retirees and others not in the labor force.

The CPI is based on prices of food, clothing, shelter, and fuels, transportation fares, charges for doctors' and dentists' services, drugs, and the other goods and services that people buy for day-to-day living. Each month, prices are collected in 87 urban areas across the country from about 4,000 housing units and approximately 26,000 retail establishments--department stores, supermarkets, hospitals, filling stations, and other types of stores and service establishments. All taxes directly associated with the purchase and use of items are included in the index.

The index measures price changes from a designated reference date (1982-84) that equals 100.0. An increase of 16.5 percent, for example, is shown as 116.5. This change can also be expressed in dollars as follows: the price of a base period "market basket" of goods and services in the CPI has risen from $10 in 1982-84 to $11.65. For further details see the CPI home page on the Internet at www.bls.gov/cpi and the BLS Handbook of Methods, Chapter 17, The Consumer Price Index, available on the Internet at www.bls.gov/opub/hom/homch17_a.htm.

In calculating the index, price changes for the various items in each location are averaged together with weights that represent their importance in the spending of the appropriate population group. Local data are then combined to obtain a U.S. city average. Because the sample size of a local area is smaller, the local area index is subject to substantially more sampling and other measurement error than the national index. In addition, local indexes are not adjusted for seasonal influences. As a result, local area indexes show greater volatility than the national index, although their long-term trends are quite similar. NOTE: Area indexes do not measure differences in the level of prices between cities; they only measure the average change in prices for each area since the base period.

The West Region covered in this release is comprised of the following thirteen states: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming.

Information in this release will be made available to sensory impaired individuals upon request. Voice phone: (202) 691-5200; TDD message referral phone number: 1(800) 877-8339.

For personal assistance or further information on Consumer Price Indexes, as well as other Bureau products, contact the Mountain-Plains Information Office at (816) 285-7000 from 9:00 a.m. to 12:00 p.m. and 1:00 p.m. to 4:00 p.m. CT.

Table 1. Consumer Price Index for All Urban Consumers (CPI-U): Indexes and percent changes for selected periods

West (1982-84=100 unless otherwise noted)
Item and Group

Indexes
Percent change from-
Feb.
2012
Mar.
2012
Apr.
2012
Apr.
2011
Feb.
2012
Mar.
2012

Expenditure category

All Items

229.995 232.039 232.561 2.1 1.1 0.2

All items (December 1977=100)

371.774 375.079 375.922

Food and beverages

234.052 234.467 234.762 2.3 0.3 0.1

Food

233.781 234.271 234.633 2.5 0.4 0.2

Food at home

235.641 236.079 236.089 1.9 0.2 0.0

Food away from home

229.986 230.548 231.407 3.2 0.6 0.4

Alcoholic beverages

234.358 233.706 233.049 0.0 -0.6 -0.3

Housing

231.045 231.487 231.797 1.9 0.3 0.1

Shelter

258.737 259.346 259.824 2.3 0.4 0.2

Rent of primary residence (1)

268.590 268.921 269.074 2.9 0.2 0.1

Owners' equiv. rent of residences (1) (2)

272.398 272.884 273.400 2.1 0.4 0.2

Owners' equiv. rent of primary residence (1) (2)

272.411 272.897 273.413 2.1 0.4 0.2

Fuels and utilities

245.936 245.632 245.335 0.2 -0.2 -0.1

Household energy

218.901 217.986 217.429 -1.8 -0.7 -0.3

Energy services (1)

219.929 218.985 218.517 -1.9 -0.6 -0.2

Electricity (1)

241.837 242.346 242.902 0.3 0.4 0.2

Utility (piped) gas service (1)

181.058 176.935 174.234 -8.5 -3.8 -1.5

Household furnishings and operations

130.029 130.271 130.282 0.8 0.2 0.0

Apparel

116.575 119.935 121.428 4.4 4.2 1.2

Transportation

213.387 221.749 222.885 2.6 4.5 0.5

Private transportation

207.715 216.439 217.189 2.7 4.6 0.3

New and used motor vehicles (3)

99.405 100.233 101.225 1.7 1.8 1.0

New vehicles

143.324 143.703 144.080 1.8 0.5 0.3

New cars and trucks (3) (4)

99.543 99.812 100.061 1.9 0.5 0.2

New cars (4)

144.810 145.077 145.531 2.2 0.5 0.3

Used cars and trucks

141.212 142.963 145.363 1.8 2.9 1.7

Motor fuel

302.988 334.851 334.508 3.4 10.4 -0.1

Gasoline (all types)

301.567 333.726 333.397 3.4 10.6 -0.1

Gasoline, unleaded regular (4)

300.493 333.240 333.150 3.6 10.9 0.0

Gasoline, unleaded midgrade (4) (5)

283.105 312.081 311.319 3.2 10.0 -0.2

Gasoline, unleaded premium (4)

287.155 315.365 314.278 2.9 9.4 -0.3

Medical Care

417.828 418.910 419.221 2.9 0.3 0.1

Medical care commodities

333.725 335.359 334.740 1.1 0.3 -0.2

Medical care services

443.612 444.472 445.129 3.5 0.3 0.1

Professional services

313.685 313.836 313.759 0.9 0.0 0.0

Recreation (3)

108.919 109.057 109.074 1.0 0.1 0.0

Education and communication (3)

133.901 134.127 134.138 2.0 0.2 0.0

Other goods and services

383.570 383.518 384.769 0.7 0.3 0.3

Commodity and Service Group

All Items

229.995 232.039 232.561 2.1 1.1 0.2

Commodities

181.783 185.271 185.651 1.9 2.1 0.2

Commodities less food & beverages

154.063 158.777 159.182 1.9 3.3 0.3

Nondurables less food & beverages

199.218 208.242 208.674 2.5 4.7 0.2

Nondurables less food, beverages, and apparel

257.191 270.188 269.876 2.0 4.9 -0.1

Durables

112.218 112.655 113.043 0.1 0.7 0.3

Services

273.824 274.427 275.081 2.2 0.5 0.2

Rent of shelter (2)

275.271 275.925 276.362 2.3 0.4 0.2

Transportation services

266.182 267.180 269.568 0.7 1.3 0.9

Other services

317.479 318.321 318.978 2.9 0.5 0.2

Special aggregate indexes:

All items less medical care

221.315 223.384 223.911 2.0 1.2 0.2

All items less food

229.582 231.888 232.437 2.0 1.2 0.2

All items less shelter

219.801 222.470 223.015 2.0 1.5 0.2

Commodities less food

157.362 161.959 162.337 1.8 3.2 0.2

Nondurables

217.915 223.008 223.381 2.3 2.5 0.2

Nondurables less food

202.412 210.971 211.346 2.3 4.4 0.2

Nondurables less food and apparel

254.732 266.503 266.162 1.8 4.5 -0.1

Services less rent of shelter (2)

303.137 303.741 304.754 2.1 0.5 0.3

Services less medical care services

262.003 262.586 263.235 2.1 0.5 0.2

Energy

268.155 285.654 285.212 1.6 6.4 -0.2

All items less energy

228.888 229.693 230.297 2.1 0.6 0.3

All items less food and energy

228.736 229.601 230.253 2.0 0.7 0.3

Commodities less food and energy commodities

140.811 141.865 142.360 1.0 1.1 0.3

Energy commodities

306.929 338.634 338.209 3.4 10.2 -0.1

Services less energy services

277.964 278.672 279.403 2.4 0.5 0.3

Footnotes
(1) This index series was calculated using a Laspeyres estimator. All other item stratum index series were calculated using a geometric means estimator.
(2) Index is on a December 1982=100 base.
(3) Indexes on a December 1997=100 base.
(4) Special index based on a substantially smaller sample.
(5) Indexes on a December 1993=100 base.

Regions defined as the four Census regions. West includes Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming.
NOTE: Index applies to a month as a whole, not to any specific date. Data not seasonally adjusted.